How gold, silver, platinum performed during the week ending on August 26, 2021

The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments.

But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.

Gold (995) (Rs)

191

Gold prices remained flat and the market is still waiting for the interest rate action by the US Federal Reserve.

Silver (Rs)

192

Though bullion demand was low, pick up in industrial demand helped silver to end the week with a gain of 1.6%.

($/troy ounce)

193

Global economic recovery and increased industrial activity have helped platinum to gain more than 2% during the week.

WTI Crude ($/barrel)

194

Prices jumped up by more than 7% because the oil demand in the US climbed to its highest since the start of the Covid-19 pandemic.

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